Knowledge Problem

New Senate Electricity Legislation

Lynne Kiesling

Senators Burr, Cochran, Landrieu, and Lott (note the much-touted “bipartisanness”) have introduced a new piece of electricity legislation:

S.498
Title: A bill to provide for expansion of electricity transmission networks in order to support competitive electricity markets, to ensure reliability of electric service, to modernize regulation and for other purposes.

It starts off with a bang — transmission infrastructure needs to be improved, barriers to competition and to investment have to be removed, price signals, etc. Will analyze and comment on anon.